Bharat Road Network Ltd. · NSE:BRNL

Bharat Road Network — Q2 FY2019 Earnings Presentation

16 slides from Bharat Road Network's earnings presentation, November 2018

  1. Slide 1: Bharat Road Network Limited Result Presentation Q2 & H1 FY19

    Bharat Road Network Limited Result Presentation | Q2 & H1 FY19 India’s Unique Pure Play Road Concession Player

  2. Slide 2: Safe Harbour

    Safe Harbour This presentation and the accompanying slides (the “Presentation”), which have been prepared by Bharat Road Network Limited (the “Company”) solely for information purposes and do not constitute any offer, recommendation or invitation to purchase or subscribe for any securities, and shal

  3. Slide 3: H1 FY19 Financial Performance (Standalone)

    H1 FY19 Financial Performance (Standalone) BRNL Total Income EBITDA SPV Toll Revenue (Rs. Mn) (Rs. Mn) (Rs. Mn) 406.5 358.2 3,076 184.0 140.2 2,873 H1FY18 H1FY19 H1FY18 H1FY19 H1FY18 H1FY19 During the quarter under review KEPL has received final COD on 13th Aug’2018. Interest saving on 5 operating as

  4. Slide 4: Q2 FY19 Financial Performance (Standalone)

    Q2 FY19 Financial Performance (Standalone) BRNL Total Income EBITDA SPV Toll Revenue (Rs. Mn) (Rs. Mn) (Rs. Mn) 214.5 186.0 1,476 124.6 146.1 1,411 Q2FY18 Q2FY19 Q2FY18 Q2FY19 Q2FY18 Q2FY19 4

  5. Slide 5: Agenda

    Agenda ➔ BRNL Company Overview ➔ Q2 & H1 FY19 Quarter Highlights 5

  6. Slide 6: Company Overview

    Company Overview 6

  7. Slide 7: BRNL - India's Unique Pure Play Road Concession Platform

    BRNL - India’s Unique Pure Play Road Concession Platform SREI - India’s leading holistic infrastructure institution A SREI Initiative Spread across Uttar Pradesh, Kerala, Haryana, Diversified Portfolio Madhya Pradesh, Maharashtra and Odisha Existing Portfolio of 6 BOT projects having 17.5 years balan

  8. Slide 8: Diversified Project Portfolio

    Diversified Project Portfolio 6 PROJECTS OF INR 68 bn AGGREGATING TO TOTAL 2,095 LANE KM BRNL Partners Existing BOT Projects Project Cost BRNL stake State NH/SH Lane (Km) Investment Investment# (As on Sept’18) (Rs. Mn) (%) (Rs. Mn) (Rs. Mn) Shree Jagannath Expressways (SJEPL) Odisha NH-5 401 18,959 4

  9. Slide 9: Q2 & H1 FY19 Quarter Highlights

    Q2 & H1 FY19 Quarter Highlights 9

  10. Slide 10: Q2FY19 & H1FY19 Result Highlights (Standalone)

    Q2FY19 & H1FY19 Result Highlights (Standalone) Rs. Mn Particulars Q2 FY19 Q2 FY18 YoY Q1 FY19 QoQ H1FY19 H1FY18 YoY FY18 Revenue from operations 33.5 140.6 17.5 51.0 176.5 333.3 Other Income 181.0 5.5 174.5 355.5* 7.6 308.4 Total Income 214.5 146.1 47% 192.0 12% 406.5 184.0 121% 641.7 Operating Expe

  11. Slide 11: Profitability Trend (Standalone)

    Profitability Trend (Standalone) Rs. Mn H1FY19 FY18 FY17 FY16 FY15 Particulars As per IND AS As per IGAAP Total Income from Operations 51.0 333.3 142.8 38.4 104.3 Other Income 355.5 308.4 24.5 35.0 0.3 REVENUE 406.5 641.7 167.3 73.4 104.7 Operating Expenses 50.9 149.0 53.9 35.9 92.9 EBITDA 355.7 492.

  12. Slide 12: Balance Sheet Highlights (Standalone-IND AS)

    Balance Sheet Highlights (Standalone-IND AS) Rs. Mn Particulars Sep 30, 2018 Mar 31, 2018 Particulars Sep 30, 2018 Mar 31, 2018 Non-current assets 12,192.7 11,141.8 Shareholder’s Fund 11,761.9 11,695.8 Current assets Total Borrowings 3,900.0 1,330.0 Current Investment 3,234.3 1,983.3 Inventories 0.0

  13. Slide 13: Toll collection Trend

    Toll collection Trend Project SJEPL - Shree Jagannath Expressways Pvt. Limited GAEPL - Ghaziabad Aligarh Expressways Pvt. Limited FY16 FY17 FY18 FY19 YoY Growth Period FY16 FY17 FY18 FY19 YoY Growth 25 344 478 522 9% Q1 203 230 356 393 10% 14% 306 330 444 504 Q2 197 226 368 376 2% 336 366 * 512 Q3 2

  14. Slide 14: Operating Assets Performance - SPV at 100%

    Operating Assets Performance- SPV at100% Q2 FY19 H1 FY19 FY18 Particulars GAEPL GIPL KEPL MTPL SJEPL TOTAL GAEPL GIPL KEPL MTPL SJEPL TOTAL GAEPL GIPL KEPL MTPL SJEPL TOTAL Total Revenue 572 304 212 78 467 1,633 1,157 665 469 159 905 3,355 2,177 1,444 1,090 272 2,071 7,054 Toll Revenue 504 292 228 7

  15. Slide 15: Operating Assets Performance - SPV Proportionate

    Operating Assets Performance -SPV Proportionate Q2 FY19 H1 FY19 FY18 Particulars GAEPL GIPL KEPL MTPL SJEPL GAEPL GIPL KEPL MTPL SJEPL GAEPL GIPL KEPL MTPL SJEPL TOTAL TOTAL TOTAL 39% 100%# 49% 48% 40% 39% 100%# 49% 48% 40% 39% 100%# 49% 48% 40% Total Revenue 223 304 104 37 187 855 451 665 230 76 36

  16. Slide 16: Let's Connect

    Let’s Connect Company : Investor Relations Advisors Stellar IR Advisors Pvt. Ltd. Bharat Road Network Limited Mr. Vikash Verma / Mr. Abhishek Bhatt Mr. Sanjay Mittal [email protected] / [email protected] [email protected] B-707, Kanakia Wall Street, Andheri (East), Mumbai 400 093

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